For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search

3547-3607 Uintah St Colorado Springs, CO 80909

For Sale
$4,750,000

12-Unit Apartment Complex, 5.3% Cap Rate

Description

Added:
Dec 11, 2024
Days on Market:
368
Exceptional investment opportunity in Colorado Springs, CO. This meticulously maintained multifamily property boasts twelve 3-bedroom, 2.5-bathroom units spread across six duplex buildings on a substantial 43,113 sq ft lot. Built in 2022-2023, the property features modern amenities including stainless steel appliances, washers/dryers, air conditioning, and blinds in each unit. Each unit also includes either a single or double car garage. The complex benefits from individually metered utilities (except for minimal front yard water usage), minimizing landlord responsibilities and maximizing efficiency. The property enjoys a 100% occupancy rate, generating a strong 5.30% capitalization rate at an asking price of $4,750,000. The buildings are constructed with commercial-grade roofing and feature low-maintenance landscaping. Strategically located near Powers Blvd and downtown, this property offers convenient access to major thoroughfares and is situated close to opportunity zones, presenting potential for future appreciation. This is a turnkey, low-maintenance buy-and-hold investment ideal for passive income generation. The property is zoned OR. This is a rare opportunity to acquire a high-performing, newly constructed multifamily asset in a thriving Colorado Springs market.

Property Features for 3547-3607 Uintah St

General Information

Property type
Multifamily properties

Building Details

Year Built
2022
Buildings
6
Stories
2
Units
12

Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Daycare Center Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Colorado Springs
County
El Paso
State
Colorado
Longitude
-104.761636
Latitude
38.848086

FAQs

What type of property is this?
Multifamily property - 12-Unit Apartment Complex, 5.3% Cap Rate
Where is this multifamily property located?
The property is located at 3547-3607 Uintah St Colorado Springs, CO.
What is the asking price?
The asking price for this property is $4,750,000.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message